Mi-Pay Group plc Provides Earnings Guidance for the Year Ended December 31, 2018
January 30, 2019 at 02:00 am EST
Mi-Pay Group plc provided earnings guidance for the year ended December 31, 2018. For the year, the company's trading was in line with market expectations, with total revenue for the year expected to be £3.3 million (2017: £3.0 million). The company has also delivered further year-on-year reductions in administrative expenses which, when combined with the revenue growth, is expected to result in a reduction in operating loss to £0.2 million (2017 operating loss: £0.6 million).